RTB Replacements Pledge Under Threat

The government is on course to break its pledge to replace council homes sold under the Right to Buy by more than 14,000 homes.  To meet the promise, made by David Cameron in 2011, councils must build almost 21,000 more replacement homes by March 2019. But with housing budgets under pressure, the number of replacements started by councils fell 27% to just 2,055 in the last financial year – less than a third of what is needed annually.  A Local Government Association spokesperson said: “If we are to stand any chance of solving our housing crisis, councils must be able to replace all sold homes.” Read more on Inside Housing.